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Porsche to lean on green financing for its $6.6 billion electric-car plan

Porsche turned to green financing ahead of the debut of the $100,000-plus Taycan, its first battery-powered car

Porsche to lean on green financing for its $6.6 billion electric-car plan
Updated On : 29 Feb 2020 | 8:59 PM IST

Bezos among biggest losers as coronavirus robs world's richest of $444 bn

The drubbing more than erased the $78 billion in gains that the 500 wealthiest people had amassed since the start of the year through last week, according to the Bloomberg Billionaires Index

Bezos among biggest losers as coronavirus robs world's richest of $444 bn
Updated On : 29 Feb 2020 | 7:41 PM IST

Geneva car show cancelled in bid to contain coronavirus outbreak

The trade fair, which was due to start Monday, will return next year, Palexpo SA, which runs the Geneva convention center, said Friday in a video briefing to exhibitors

Geneva car show cancelled in bid to contain coronavirus outbreak
Updated On : 29 Feb 2020 | 3:05 AM IST

J&J ordered by Florida jury to pay $9 million in talc-cancer case

The talc litigation may eventually cost the company as much as $10 billion, according to Bloomberg Intelligence

J&J ordered by Florida jury to pay $9 million in talc-cancer case
Updated On : 29 Feb 2020 | 1:59 AM IST

Economic tonic from Rajan: Fight virus first and worry about stimulus later

The priority should be on convincing companies and households that the virus is under control, said the former RBI governor

Economic tonic from Rajan: Fight virus first and worry about stimulus later
Updated On : 28 Feb 2020 | 11:40 PM IST

Upbeat Rolls-Royce says it is finally getting over engine troubles

Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year

Upbeat Rolls-Royce says it is finally getting over engine troubles
Updated On : 28 Feb 2020 | 11:35 PM IST

BRIC seekers of UK golden visa double since 2015 despite Brexit

BRIC applicants accounted for 40% of total global refusals in 2019

BRIC seekers of UK golden visa double since 2015 despite Brexit
Updated On : 28 Feb 2020 | 11:33 PM IST

Donald Trump says coronavirus risk to Americans 'remains very low'

US President Donald Trump said Americans face little risk from the coronavirus outbreak , seeking to ease public concern after lawmakers raised concern that the government is unprepared.

Donald Trump says coronavirus risk to Americans 'remains very low'
Updated On : 28 Feb 2020 | 2:41 AM IST

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800

The bank raised its 12-month projection by $200, and said "in the event that the virus effect spreads to Q2, we could see gold top $1800/oz already on a 3-month basis."

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800
Updated On : 28 Feb 2020 | 2:39 AM IST

Bernie Sanders scores decisive Nevada win driven by Hispanic, black voters

With 60 per cent of precincts reporting, Sanders had 46 per cent to Joe Biden's 19.6 per cent of the county delegates

Bernie Sanders scores decisive Nevada win driven by Hispanic, black voters
Updated On : 24 Feb 2020 | 3:18 AM IST

Australia govt says climate change targets can't risk economy, jobs

Australia may continue to be an exporter of thermal coal in 2050, according to Anthony Albanese, leader of the main opposition Labour Party, that's targeting net zero emissions by that date.

Australia govt says climate change targets can't risk economy, jobs
Updated On : 24 Feb 2020 | 2:47 AM IST

Time to revisit rate playbook in Israel with price declines near

After voting narrowly in favor of a hold in October, the balance on the monetary committee has shifted in favor of buying foreign currency as a way to loosen policy.

Time to revisit rate playbook in Israel with price declines near
Updated On : 24 Feb 2020 | 2:37 AM IST

G-20 finance chiefs, bankers see downside risks to global economy growth

The delegates managed to extract a key concession from the U.S. by including a focus on climate change in the final communique.

G-20 finance chiefs, bankers see downside risks to global economy growth
Updated On : 24 Feb 2020 | 2:31 AM IST

Merkel's party drops to record low in Hamburg voting, Greens make gains

The big winner was the Green party, which more than doubled its support to a projected 25.5 per cent, a surge that parallels its rise in national polls.

Merkel's party drops to record low in Hamburg voting, Greens make gains
Updated On : 24 Feb 2020 | 2:22 AM IST

Cash-rich Berkshire embraces the idea of life after Warren Buffett

Last year, Buffett failed to find a major deal to deploy all that cash - a $128 billion pile by the end of 2019 - and help supercharge Berkshire's growth.

Cash-rich Berkshire embraces the idea of life after Warren Buffett
Updated On : 24 Feb 2020 | 2:14 AM IST

Coronavirus may be the 'Disease X' WHO cautioned about years ago

The disease has now spread to more than two dozen countries and territories

Coronavirus may be the 'Disease X' WHO cautioned about years ago
Updated On : 23 Feb 2020 | 12:03 AM IST

E*Trade Financial deal: Morgan Stanley fuels banking takeover buzz

Wealth managers and robo-advisers are also appealing targets because of their relatively stable revenue

E*Trade Financial deal: Morgan Stanley fuels banking takeover buzz
Updated On : 22 Feb 2020 | 3:00 AM IST

Recovering factories keep UK economy on track in February: PMIs

The virus's outbreak weighed on manufacturers' input stocks, which fell at the fastest pace in more than seven years

Recovering factories keep UK economy on track in February: PMIs
Updated On : 22 Feb 2020 | 2:23 AM IST

SoftBank's Masayoshi Son to pitch US investors under cloud of WeWork

In private meetings with SoftBank, Elliott raised issues over the clarity of SoftBank's strategy, people familiar with the talks said

SoftBank's Masayoshi Son to pitch US investors under cloud of WeWork
Updated On : 22 Feb 2020 | 1:39 AM IST

Coronavirus overshadows China stimulus and weighs on oil recovery

The rate of infections has declined in Hubei, the epicenter of the outbreak, but investor anxiety has crept back in as the virus spreads globally

Coronavirus overshadows China stimulus and weighs on oil recovery
Updated On : 21 Feb 2020 | 10:13 PM IST